This technical indicator confirmed a major shift in investor sentiment from bearish to strongly bullish. Short term buying pressure was now dominant and likely to persist.
This event in Rocket Lab's history highlights how a Golden Cross can act as a powerful confirmation signal for a new sustained uptrend in a growth stock , validating the fundamental story with strong technical indicators.
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- Mortimer Arthurยท12-13 10:23TOPUnlike many overhyped AI companies RKLB has an unlimited path for exponential growth and real profits. The satellite components business is growing rapidly and revenues in the Neutron program will eventually start contributing to the bottom line in a few years if all goes well.1Report
- Merle Tedยท12-13 10:24TOPThis is looking good. It has to correct in order to move up to higher highs and gain stronger supports. The whole market is gonna make a nice little 2 to 3% correction before the Santa Claus rally.1Report
- ChiYaoยท12-14 01:08Great article, would you like to share it?1Report
- LanlanCCยท12-13 05:39้็ฏๆ็ซ ไธ้ฏ๏ผ่ฝ็ผ็ตฆๅคงๅฎถ็็1Report